electric vehicles
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The USGS has said up to 19 million tons of lithium resource is contained in the briny waters of the Smackover formation in Arkansas.
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A new kind of groupie is interested in the heavy metal band Metallica’s tour in Europe, including Shell, big-rig and electric vehicle manufacturers, and producers of hydrogen, biofuels, and LNG. It has less to do with the music than the alternative fuels keeping the buses rolling on the 2-month, 7,200-mile journey across nine countries.
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The Norwegian oil company said it may spend more than $130 million to get in on the emerging lithium brine business in Texas and Arkansas.
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Honda Motors invests in fusion in hopes of finding ways to recharge EVs at scale.
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First production from the US supermajor's Arkansas lithium-rich asset is expected by 2027.
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Gentari aims to develop and deliver conventional renewable energy, hydrogen, and electric vehicle solutions in Asia Pacific and beyond.
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The electric vehicle industry is creating a “dot-com” boom around the energy transition, spinning off a multitude of startups as it creates its own supply chain of new technologies in battery manufacturing.
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Skyrocketing demand for the commodity has created a lithium deficit that could slow the pace of the energy transition. Industry is scrambling to find new sources by opening new mines or devising new technologies to extract lithium from brines, including brines found in produced water from oil and gas operations.
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Greenland may have said “no” to oil and gas, but its vast mineral wealth is up for grabs as the world’s biggest billionaires invest to claim metal reserves needed to manufacture batteries.
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For some, the payoff for going green can be astronomical. Others can rest assured that they will be well positioned in the transition.
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